2023-11-10 : "Shield" is not an ability that creatures have and shield counters are not keyword counters. If a creature with a shield counter loses its abilities, the shield counter will still protect it as normal.

2023-11-10 : A creature with a shield counter on it may still be destroyed by state-based actions if it has damage marked on it equal to its toughness or has been dealt unpreventable damage by a source with deathtouch.

2023-11-10 : If a permanent that would be dealt damage has more than one shield counter on it, that damage is prevented and only one shield counter is removed.

2023-11-10 : If a permanent with a shield counter is dealt unpreventable damage, that damage will be dealt and a shield counter will still be removed.

2023-11-10 : Removing a shield counter in this way isn't the same as regenerating a creature.

2023-11-10 : Shield counters don't prevent players from sacrificing creatures.